Part XVII: Phoenix -- This Thread Title Available For Lease
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12-20-2010, 05:27 PM
Join Date: Jan 2005
Originally Posted by
Procedures mutually agreed to by the team and city
Anyone know what those are?
No - but it would just depend on who is actually collecting the revenue.
If it is collected by CoG parking operations, it is retained by the City.
If it is collected by the team or the Arena Manager, it is remitted to the City.
Either way, if there is any explicit charge for the use of those spots, the revenues go back to CoG.
They just haven't formally spelled out the process - but the obligation is there.
If there is any dispute over what the revenue is, it goes to arbitration.
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